Zim reigns supreme at ITB Berlin
ZIMBABWE clinched two prestigious global accolades at ITB Berlin 2026, affirming its status as a premier travel destination. The southern African nation walked away with Destination of the Year –…
ZIMBABWE clinched two prestigious global accolades at ITB Berlin 2026, affirming its status as a premier travel destination. The southern African nation walked away with Destination of the Year –…
By Simbarashe Hamudi THE treatment of Value Added Tax (VAT) on fringe benefits provided by employers to employees is a topic of considerable importance and complexity. Section 17(3) of the…
THE Reserve Bank of Zimbabwe’s latest monetary policy statement (MPS) will foster sustainable economic growth and the wider use of the ZiG, experts say. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts also applauded the central bank this week for increasing…
SIMBISA Brands (Simbisa) is strengthening its cost optimisation efforts to protect margins pressured by multiple taxes and increased operational expenses. The Victoria Falls Stock Exchange-listed regional fast food restaurant chain has also been offering various promotional activities, including discounted prices to customers, which has inadvertently impacted margins. In Zimbabwe, the group’s largest market, contributing 72…
ZIMBABWE maintained its positive trade momentum in January 2026, recording its fourth consecutive monthly trade surplus of US$114 million, latest figures show. While maintaining a surplus streak, the January performance represents a 52,6 percent decrease from the US$240,1 million surplus recorded in December 2025. According to the Zimbabwe National Statistics Agency (Zimstat), the country’s January…
By Memory Nguwi MOST boards have a charter. Very few actually use it in any meaningful way. In many organisations, the only time a director reads the charter is during…
THE government is concerned about the threat from illegal seed dealers and unlicensed buyers to the country’s key tobacco industry. Opening the 2026 tobacco marketing season in Harare yesterday, the minister of Finance Mthuli Ncube said these nefarious activities needed to be stopped at all costs. This comes after the first tobacco bale fetched US$4,60…
INNBUCKS MicroBank (InnBucks) reported a ZiG99,4 million profit for the six months to December 31, 2025, three times the ZiG33 million achieved in the comparable period prior year, supported by higher non-interest income. Non-interest income increased by 313 percent to ZiG352,8 million, driven by higher transactional volumes and Treasury-driven trading activities. Fees and commission income…
HARARE-BASED branding firm Premier Corporate Gifts (PCG) is celebrating its tenth anniversary, marking a decade of creativity, resilience, and growth. The company’s managing director and co-founder, Betty Mpala, described the…
TANGANDA Tea Company (Tanganda) expects increased throughput at its avocado oil extraction plant this year, supported by external supplies, as it moves to valorise waste and diversify its income streams. The diversified agro-industrial group recently entered into a joint venture with Trade Link Global BV of Netherlands in establishing an avocado oil extraction plant at…
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More